Continued high fuel costs, operational disruptions at airports, air traffic management issues, and the resulting compensation to customers are expected to push Wizz Air into a first-quarter FY23 operating loss this summer. The ultra-low-cost carrier is particularly blaming supply chain/staffing issues…
Hydrogen operations are the target of a Memorandum of Understanding (MoU) between Wizz Air and Airbus to examine the feasibility of hydrogen-powered aircraft operations. The objective is to identify infrastructural and operational requirements and the challenges presented with hydrogen-powered aircraft.…
Wizz Air plans to launch operations in October with a new subsidiary based in Malta. The launch date is subject to regulatory approval from the Maltese Civil Aviation Directorate (CAD) and Europe’s EASA. Wizz Air plans to launch Maltese subsidiary…
Wizz Air is exploring options to establish a new subsidiary airline in Saudi Arabia. The ultra-low-cost airline has signed a Memorandum of Understanding with the country’s Ministry of Investment to “explore market development opportunities” in de Kingdom of Saudi Arabia,…
Wizz Air is likely to incur over a half billion loss for its full financial year 2022 as it expects the current fourth quarter to suffer an even higher loss than in Q3. The ultra-low-cost from Central Eastern Europe reported a…
We are seeing conflicting trends in the number of traffic from two of Europe’s biggest low-cost airlines, Ryanair and Wizz Air. While the Central Eastern European carrier reports recovery of passenger numbers for December, its Irish competitor saw a decline to…